iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) Sees Large Decrease in Short Interest

Posted by Teresa Graham on Jun 28th, 2026

iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 92,693 shares, a decline of 61.5% from the May 31st total of 240,961 shares. Based on an average daily volume of 350,199 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Top 20 U.S. Stocks ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Norris Financial Group LLC purchased a new position in shares of iShares Top 20 U.S. Stocks ETF in the 1st quarter worth about $251,000. Bank of America Corp DE lifted its stake in shares of iShares Top 20 U.S. Stocks ETF by 35.4% in the first quarter. Bank of America Corp DE now owns 17,881 shares of the company’s stock worth $512,000 after buying an additional 4,671 shares in the last quarter. Royal Bank of Canada purchased a new stake in shares of iShares Top 20 U.S. Stocks ETF during the first quarter valued at approximately $1,521,000. Cetera Investment Advisers grew its holdings in shares of iShares Top 20 U.S. Stocks ETF by 34.7% during the first quarter. Cetera Investment Advisers now owns 127,111 shares of the company’s stock valued at $3,638,000 after buying an additional 32,734 shares during the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in shares of iShares Top 20 U.S. Stocks ETF during the first quarter valued at approximately $35,000.

iShares Top 20 U.S. Stocks ETF Stock Down 0.4%

TOPT stock opened at $31.84 on Friday. iShares Top 20 U.S. Stocks ETF has a twelve month low of $26.99 and a twelve month high of $34.47. The firm has a market cap of $577.58 million, a PE ratio of 32.42 and a beta of 1.10. The business has a 50 day moving average of $33.02 and a 200 day moving average of $31.26.

About iShares Top 20 U.S. Stocks ETF

(Get Free Report)

The iShares Top 20 U.S. Stocks ETF (TOPT) is an exchange-traded fund that is based on the S&P 500 Top 20 Select index. The fund seeks to mirror the performance of an index comprising the top 20 largest US firms by market-cap in the S&P 500. The companies are weighted by their float-adjusted market-cap TOPT was launched on Oct 23, 2024 and is issued by BlackRock.